ACM to cut 35 editorial positions amid revenue decline
By Staff writer in Media News on Thursday, 05th September 2024 at 5:02pm
Australian Community Media (ACM) has announced plans to reduce its workforce by cutting 35 editorial positions across its newsrooms, according to Crikey’s Daany Saeed.
In a statement released by the ACM National House Committee, it was revealed that during a town hall meeting with staff, the management shared the news, citing declining revenue as the primary reason.
In an email to staff, ACM Managing Director Tony Kendall confirmed the cuts, attributing them to the “loss of federal government advertising revenue, the loss of payments from Meta,” and “reduced revenue from display and classifieds advertising, as well as print circulation.”
A voluntary redundancy consultation period is open until September 11, with final decisions to be communicated by September 13. The last ...
To continue reading this article...
More Media News
Upfront: $170bn budget hole, Treasury doubts NDIS savings, NAPLAN pen-and-paper comeback.
By Staff Writers in Media News on Tuesday, 03rd November 2026 at 6:01am
Telangana University professor authors two books on AI and journalism
By Staff Writer in Media News on Monday, 02nd November 2026 at 8:25pmPCI condemns police move against Arunachal journalist Tongam Rina
By Staff Writer in Media News on Monday, 02nd November 2026 at 7:02pm
Krantikari Journalist Council meets Shahganj CO to discuss public issues and law and order
By Staff Writer in Media News on Monday, 02nd November 2026 at 7:01pm
In PR: Dentsu India, IWMBuzz Media release third edition of India Gaming Report
By Staff Writer in Media News on Monday, 02nd November 2026 at 7:00pm
Nidhi Razdan Marries J&K Chief Minister Omar Abdullah
By Staff Writer in Media News on Monday, 02nd November 2026 at 6:51pmMedia news latest
Marcoms news latest